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Business Interruption
Previously, companies planned for isolated events. But the risk landscape is now more interconnected than ever before.
Industry Overview
Natural Resources
Evolving to Meet Urgent Challenges and New Expectations
Mounting geopolitical and societal pressure to tackle climate change weighs heavily on the natural resources industry, impacting all facets of strategy. Across the industry, organisations seek technical advances to support our transition to carbon neutrality, all while competing fiercely to attract and retain the talent required to make breakthroughs possible. Meanwhile, traditional concerns, including cyber, operational, and reputational risks remain as pertinent as ever.
In this environment, companies must adopt holistic risk management and workforce frameworks that cover both physical and human assets, take into account expanding environmental, social and governance (ESG) expectations, and reflect the industry’s rapidly rising insurance needs.
At Aon, our teams have deep experience across all segments of the natural resources industry—including alternative energy, chemicals, distribution, mining, oil and gas, power generation, renewables, and utilities. We leverage our understanding of the unique risks you face to conduct risk assessments, implement novel risk transfer solutions, provide claims advocacy, deliver tailored insurance programmes to address evolving environmental liabilities, manage supply chain disruptions, support regulatory compliance, and build dynamic and resilient workforces.
Top 5 Current Risks
According to our latest Global Risk Management Survey, the biggest risks facing the Natural Resources industry include:
Better Decisions on Risk Capital and Human Capital for Mining Organisations
The mining industry plays a fundamental role in advancing humanity’s progression, with immense potential to drive positive change for both people and the planet. By embracing digital transformation, prioritising sustainability and building more robust risk mitigations, organisations can gain the agility needed to respond to a rapidly changing world.
More Insights
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Article
Navigating Volatility in Natural Resources: Risk Management as a Value Driver
From business interruption and commodity price volatility to shifting regulations and cyber threats, risks are converging to reshape the operating environment for the natural resources industry.
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Article
Cyber Risk: Turning Uncertainty into Opportunity
Cyber risk tops the global risk agenda in 2025 — and is forecast to retain the number one position through to 2028. As digital threats evolve, organisations should strengthen resilience, quantify exposure and adapt their risk strategy.
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Report
2026 Climate and Catastrophe Insight
Climate change is intensifying global natural disasters. How can organisations build resilience and anticipate trends to stay relevant while protecting people and property?
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Article 15 mins
Nuclear Energy Revival: Risk, Resilience and the Talent Revolution
Nuclear is a critical pillar of the energy transition, addressing the dual challenges of decarbonisation and surging demand. Success will hinge on managing risks across new generation technologies, regulatory shifts, financial model changes, supply chain challenges — and the acute war for talent.
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Article 10 mins
Sustainable Fuel in Transit: Overcoming Roadblocks to Adoption
The transportation industry is one of the highest emitters of greenhouse gases — and among the most primed for change — but the journey to decarbonise remains complex. Stakeholder collaboration will be critical in making sustainable fuel mainstream in aviation and marine.
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Article 10 mins
How Captive Insurance Supports the Energy Transition
The rapid growth of renewables demands innovative risk solutions. Captive insurance offers a strategic, flexible approach to managing evolving risks — helping energy leaders navigate volatility, optimise capital and unlock new opportunities in the transition to sustainable power.
